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Is it to stop people right-clicking and making off with them?



Yes. In fact, someone came up with a hack to allow you to download the .flv file to your computer and YouTube quickly made some changes to make his FireFox plug-in not work. These sites don't want to get sued by content owners.


KeepVid works for this: http://www.keepvid.com/

It just produces a download dialog for the FLV file. There are a few tools out there to play the files.